939 Cleveland St, Franklinton, LA 70438-1774
This exceptional 3,694 square foot commercial property, located at 939 CLEVELAND Street in Franklinton, Louisiana, presents a unique opportunity for business owners seeking a well-established and adaptable space. Previously utilized as a bank, this building boasts a thoughtfully designed layout featuring multiple private offices, ideal for individual work or team collaboration. A welcoming reception area creates a professional first impression for clients and visitors. A convenient kitchenette is included, providing a space for employee breaks or informal meetings. Ample parking is available on-site, ensuring convenient access for staff and customers alike. A significant advantage of this property is its integrated drive-through, a feature highly desirable for businesses requiring efficient customer service and transaction processing. The building's central Franklinton location offers excellent visibility and accessibility, making it an attractive option for a variety of commercial ventures. The adaptable floor plan allows for customization to suit specific business needs, making it a versatile and practical choice for a range of professional uses. The asking price for this turnkey commercial property is $389,000. This represents a compelling investment opportunity in a thriving Louisiana community. The property sits on a lot with no acreage specified. Serious inquiries are encouraged to explore the potential of this exceptional commercial space.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.